Club Mulgoa

Friday, November 09, 2012

ABV

If everything that is said about this company is true, every brakes in the world on heavy vehicles should be replaced by ABV special brakes.  It started with mining 4WD and now garbage trucks.

If the replacement gathers pace, then this stock will perform miracles.  Trouble is miracles rare happen.  The proof of the pudding is in its profit statement.  So far, I am 26% in profit after more than 4 years so it isn't a great score.  But perhaps, with such good prospect, I should be topping up.

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